Employee-owned

Employee-owned refers to a business structure where the employees hold a significant portion or all of the company's ownership stake. This means employees have a direct financial interest in the company's success, often through stock ownership or a cooperative arrangement. Being employee-owned can foster greater engagement, collaboration, and a sense of shared responsibility, as employees benefit directly from the company's profitability and growth. It typically aligns employees’ interests with those of the business, encouraging a more committed and motivated workforce.